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Klein does not represent Treaty in the SEC complaint. Trimerica has a law firm with SEC expertise advising them.
Yes, and most shareholders should be pleased that the new BOD has decided to greatly reduce "sweetheart" preferred shares from prior management. There can now be no doubt that the new BOD has no connection to prior management.
There is no more Treaty. And Trimerica has no promoters, but perhaps you mean shareholders. Trimerica would not be responsible for them.
If you're referring to Henry Klein, he is not the law firm with SEC expertise advising Trimerica.
"Quote:
"When will the NSS theory be validated ?
or most probably infirmed ??"
Well I guess that will be in the hands of FINRA to allow everyone to find out one way or another.
Quote:
"With FINRA not allowing back to OTC...
Dream stops there..."
Yes, if that's the case, but is it?
Good questions.
Yes it was already explained. How many states can you register a corporation? Canada maybe? I don't know how these things work.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116305107
Quote:
"I believe we've already discussed that article:"
Yes you are absolutely right. It seems to be the theme here to discuss things ad nauseam. Just going with the flow.
Wow! Great article. Many things apply to Treaty. Here's one small paragraph:
"There are a number of bloggers who participate in these attacks. Many of these bloggers appear to work together and coordinate their negative attacks. It is striking that many of these people have connections to one another. Many of them were trained at a well-known blogging site that was founded by hedge fund people."
Are you saying Pacer updates all filings only once a day?
He checks Pacer once or twice every day or two. Again, incredible timing.
Nothing specific other than they continue to work very hard daily. That is hardly insider information and not something they would take the time to update. They plan to only update results. But why would anyone care for a stock rotting away in the greys?
Then he seems to always have perfect timing.
Perhaps they know something.
Exactly, but for a stock rotting away in the greys, it sure has a lot of attackers. Wonder why.
That's true but not everyone has a Pacer subscription. And of course if someone did, it would be very helpful to be in daily contact with the SEC attorney to know when to look and quickly post the link.
Quote:
"No such thing as naked shorting, ya sure treaty has 158 FTD ..."
http://smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/
Wow! Great article. Many things apply to Treaty. Here's one small paragraph:
"There are a number of bloggers who participate in these attacks. Many of these bloggers appear to work together and coordinate their negative attacks. It is striking that many of these people have connections to one another. Many of them were trained at a well-known blogging site that was founded by hedge fund people."
You said:
"If the BOD were actually listening they would get caught up on filings. Either they aren't listening or don't care about their shareholders."
I pointed out that I contact them, and I like what I hear. Now you say they are liars. Sheez!
No pumping. I actually contact the BOD unlike the attackers.
Oh okay. Your links for proof are your own postings that say two different things about the same subject. So neither one are credible. Gotcha.
You know it is possible to have communication without giving insider information. How valuable would insider information even be for a stock rotting away in the greys?
They are listening to those that bother to contact them. I am very pleased with what I've been hearing!
That number is so ludicrous, but perhaps there is a link to back up the claim of that number?
What promoters? And what have these fictional promoters said? Or perhaps you meant shareholders.
If a person was in daily contact with the SEC attorney, updates in the case against Treaty would be easy & quick.
It's amazing how some people find these things out so quickly. Link?
It wasn't even Treaty's Motion, but it certainly exposed how weak the SEC case is.
Could you post the link to that? Wow! This thing could drag out forever. I hope the people that want to see Treaty delisted have a lot of patience!
The case was exposed as very weak. A settlement is likely that won't even effect Treaty.
The judge wasn't too impressed:
"It should be noted, however, that the SEC “truly walked the razor's edge with their response to the [Defendants’] motion.”
Ashe
, 992 F.2d at 544 n.5. If the Defendants’ had satisfied their burden with respect to any essential element of the SEC’s claims, the SEC’s response would have been completely inadequate to prevent summary judgment."
I think the author of the article has more credibility.
"The securities industry counters with a campaign of misinformation. For example, they proudly pointed out that only one percent of the dollar volume of listed shares are fails-to-deliver. What they don’t mention:
that the fails-to-deliver are concentrated in companies being attacked
for companies under attack, for every disclosed fail-to-deliver there may be ten to forty times that number of undisclosed counterfeit shares
companies under attack have seen their stock price depressed to a small fraction of the price of an average share, therefore the fails-to-deliver as a percentage of number of shares is considerably higher than as a percentage of dollar volume
the examples cited are limited to listed companies, but much of the abuse occurs in the over the counter market, regional exchanges and on unregulated foreign exchanges that allow naked shorting of American companies, who are not even aware they are traded on the foreign exchanges."
Treaty is a stock rotting away in the greys. Yet the attacks continue. No shorts, no FTD's, no NSS. *wink wink*
"Because the DTC stock borrow program, and the debits and credits that go back and forth between the broker dealers, only deals with the net difference, it never gets reconciled to the actual number of shares issued by the company. As long as the broker dealers don’t repay the total stock borrowed and only settle their net differences, they can “grow” a company’s issued stock."
Wow! Great article. Many things apply to Treaty. Here's one small paragraph:
"There are a number of bloggers who participate in these attacks. Many of these bloggers appear to work together and coordinate their negative attacks. It is striking that many of these people have connections to one another. Many of them were trained at a well-known blogging site that was founded by hedge fund people."
From the Motion for Summary Judgment:
The January 30, 2012 press release touted by tdbowieknife bloggers as fraud was not a fraud. It accurately communicated a strike witnessed by over 20 people - no defendants included - and advised as to relevant dates, casing size, the industry engineers and geologists involved, the detection of hydrocarbons, porosity and saturation characteristics, plans to be implemented with Belize officials and plans to "...commission third-party engineers to confirm our estimates in the coming months..." Significantly, the SEC does not (and cannot) allege that any defendant sold Treaty stock during the two-day upward spike.
They were seeking a Summary Judgment.
That would happen should this ever go to trial.
"The "items in Klein's rebuttal" were just what the judge said had no place in a motion for summary judgment:"
They certainly would have a place should this ever go to trial.